News in Review

“The UK economy has now grown strongly for two quarters”  The UK’s economy grew by 0.6% between April and June, according to the latest gross domestic product (GDP) figure released by the Office for National Statistics (ONS) on Thursday.  After slipping into recession at the end of last year, analysts now say the UK economy […]

Insights into behavioural investing

Have you ever made an irrational or impulsive purchase you’ve later regretted? We all make decisions based on our emotions or personal biases, but when it comes to investing, such mistakes can be very costly.  What is behavioural investment?  Behavioural investment is an approach that acknowledges how our emotions and our biases can sometimes make […]

News in Review

“The construction sector appears to be in the early stages of a strong recovery”  The release last week of a closely watched construction survey offered optimism for the sector and further evidence of the UK’s economic recovery.  The S&P Global UK Construction Purchase Manager’s Index, a seasonally adjusted measure of activity in construction, jumped to […]

Financial wellbeing is multifaceted

According to research1, 81% of the UK’s wealthiest individuals are ‘stressed’ about their finances, suggesting financial wellbeing is about more than just the totality of your wealth. So, virtually everyone has concerns about what their financial future will look like.  Planning for the future  The prime concerns for individuals centred around future planning and retirement, […]

News in Review

“Inflationary pressures have eased enough that we’ve been able to cut interest rates”   Last week, the Bank of England’s (BoE’s) Monetary Policy Committee (MPC) voted by a narrow majority of 5 – 4 to reduce Bank Rate by 0.25%, to 5%. Four committee members expressed a preference to maintain it at 5.25%.   This is the […]

Money – In the news

Financial goals fall by the wayside  A poll has found that 57% of adults had money-related goals for 2024, such as reducing debt and wanting more disposable income1. However, two-thirds (67%) had given up on achieving their financial aims by the end of Q1; 16% said this was due to having unrealistic expectations, and 10% […]